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$724,500

Beds
3
Baths
2.5
sq ft
1,645

345 Red Cedar Ct NE, Saint Petersburg, FL 33703

345 Red Cedar Ct NE

ST PETERSBURG, FL 33703

  • Pending
    • Price drop $24,500↓
Under contract-accepting backup offers. Just dropped $50k below the asking price and $43k under Zillow's Value!! Instant Equity! Welcome to the Placido Bayou Preserve Townhome Nestled at the end of a quiet cul-de-sac, the Placido Bayou Preserve Townhome offers a serene escape with the beauty of the Preserve as your backyard. This exquisite end-unit oasis provides 24-hour guard gate access, ensuring the utmost privacy and security for its residents. Featuring 3 bedrooms and 2.5 baths, this townhome has been thoughtfully upgraded throughout. The open-concept layout is adorned with Arctic Ice pale grey wood flooring and Cashmere light grey walls, creating an inviting space perfect for entertaining. Soaring two-story ceilings, large windows, and French doors flood the home with natural light, enhancing the sophisticated ambiance. The bathrooms are true showstoppers, featuring an elegant half bath with black marble flooring and a spa-like master bath. Indulge in luxury with deep turquoise glass sinks, sparkling thick white marble countertops, and a large walk-in shower with glass tile and river rock flooring. The living room, with its cozy electric fireplace set in white rock with a white wood mantle, is ideal for holiday decorations and creating a warm, inviting atmosphere. The laundry room is equipped with new, oversized front-loading GE washer and dryer for added convenience. The master bedroom is a true retreat, boasting vaulted ceilings, large windows, and French doors opening to a private screened porch. This tranquil space is perfect for enjoying your morning coffee while watching the birds and butterflies of the Preserve. Additionally, the townhome offers a charming bedroom with floor-to-ceiling arch windows and a versatile third bedroom that can double as a lovely office. Both rooms provide views of large leafy trees, helping to keep the house cooler. Modern comforts include a new A/C unit (2022), a hot water heater (2023), and a freshly epoxied two-car garage floor (2024). Energy-efficient LED lighting illuminates the home, highlighting the elegance of the all-new designer kitchen (2023). This culinary masterpiece is equipped with a $15k Whirlpool stainless steel appliance package, white soft-close cabinets, and stunning black and white granite countertops with a breakfast bar. Ideally located, this townhome offers proximity to the world-renowned beaches of St. Pete and the vibrant downtown offerings. Minutes from lively downtown St. Petersburg, you can enjoy the famous Pier, exceptional restaurants, entertainment, museums, concert venues, and professional sports including Rays Baseball. Only 20 minutes to Florida's best beaches. Residents of Placido Bayou Preserve enjoy exclusive access to the community pool and hot tub, just a short walk away, as well as miles of sidewalks and ponds for leisurely strolls. This beautifully updated townhome is a rare find in one of the few guard-gated communities in Pinellas County and is not to be missed. Don't wait, schedule your appointment to view this home today! Experience the perfect blend of modern luxury and serene living—welcome home.

Details

Property type

Townhouse

Est. home value

$603,305

Lot size

3,881 sq ft

Price per sq ft

$441

Year built

1993

Annual property taxes

$7,491

Monthly HOA fee

$588

Price History

08/14/2024
StellarMLS

StellarMLS #U8249147

Pending
$724,500
08/01/2024
StellarMLS

StellarMLS #U8249147

Price change
$724,500
-3.27%
07/18/2024
StellarMLS

StellarMLS #U8249147

Price change
$749,000
-3.35%

Schools & Community

Neighborhood: 

Pacido Bayou

Elementary school: 

North Shore Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$201,159
Asking price
$724,500
Closing costs (~8% of asking)
-$57,960
Est. remaining loan balance
-$465,381
Cash to seller
$201,159

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Home Bank

Loan start date

March 2022

Original loan amount

$489,250

Est. remaining balance

$465,381

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Vicki Corde Collins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 8:05 PM

Listing updated: 10/03/2024 at 3:50 PM

Listed by: Brandon Robinson, COMPASS FLORIDA LLC Phone #: (727) 339-7902

MLS: StellarMLS #U8249147

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